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Oct 4, 2012
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. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the europe crisis saying it polesed economic downside risk. members were concerned with the upcoming u.s. fiscal cliff and a number of participants highlighted the uncertainty of qe. i talk about members in the first part. those are voters. now participants are the fuller board. as we'll see in a little bit, this fuller board includes hawks but they're not in the voting rotation right now. some of those object as they say qe probably works best under financial market stress, not under the current conditions. it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is
. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the...
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Oct 5, 2012
10/12
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>> steve: he had an awful debate. now what they're doing, the democrats, they've decided we've got a new strategy. rather than painting mitt romney as an extremist, we're going to call him a liar. here is the head of the dnc communications department. listen. >> there has been plenty of people pointed out what a liar mitt romney is and was last night. i mean, testifies talking -- if he was speaking last night, he was lying. look, mitt romney had a good night. but, you know, even a blind squirrel gets a nut every now and then. >> steve: so that's the best they can do? >> it's not very good. you know, when he came out, when the president came out and he came out with that classic strut that he uses sometimes and my wife busted. she said, i don't like when you do it and i don't like when he does it. that kind of dashing walk. >> brian: why? >> because it's like i'm macho and i'm posturing, absolutely fake. i thought the telling moment happened almost immediately because it was his 20th anniversary with michelle. he has b
>> steve: he had an awful debate. now what they're doing, the democrats, they've decided we've got a new strategy. rather than painting mitt romney as an extremist, we're going to call him a liar. here is the head of the dnc communications department. listen. >> there has been plenty of people pointed out what a liar mitt romney is and was last night. i mean, testifies talking -- if he was speaking last night, he was lying. look, mitt romney had a good night. but, you know, even a...
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Oct 2, 2012
10/12
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today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program. is it your opinion, the opinion of the u.s., that the europeans are following through on their latest set of commitments when it comes to solving their financial crisis? >> well, you're right, they've made a series of very important commitments over the course of the summer and into the fall. they are much better prepared. they have a set of tools that can help governments like spain continue to access the markets at affordable rates while they continue making these very challenging reforms. we have seen a number of developments in spain in recent days. we have seen a budget come out that continues to
today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program....
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Oct 3, 2012
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let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings have beat expectations. we've gone down to earnings, earnings beat expectations, then we've had a good rally. i thin
let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers....
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Sep 30, 2012
09/12
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if steve cross had a follow-up to that, they never aired it. >> that's right, they never follow up with the president. the fundamental flaw in the media's thinking as exhibited, when the president says well, the organizing principle is islam, mr. president, it's not just islam, it's the extremist wing of islam and name me a country other than indonesia and maybe turkey though we don't know exactly where that's going where this fundamentalist islam has been nonviolent, has promoted equality of women or any other things. this is a fool's errand and the editorials in the newspapers miss this because they don't have a religious perspective. >> judy, the death, the assassination of our ambassador, of two former seals, of the state department employee, bumps in the road. where was the criticism over that comment? >> i think what the president was talking about was the broader context of the wave of change, and that in the wave of change, there are going to be bumps on the road. he -- i do not think that he meant to suggest an and most people did not interpret it to mean the death of four amer
if steve cross had a follow-up to that, they never aired it. >> that's right, they never follow up with the president. the fundamental flaw in the media's thinking as exhibited, when the president says well, the organizing principle is islam, mr. president, it's not just islam, it's the extremist wing of islam and name me a country other than indonesia and maybe turkey though we don't know exactly where that's going where this fundamentalist islam has been nonviolent, has promoted...
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Oct 7, 2012
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. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each other or we must die. >> vote or die, pretty relevant. >> john: but pretty unfair. >> he worked on the bush campaign that ran this ad consoling 9/11 victims. >> i took ashley in my arms and embraced her. it was that moment we saw her eyes fill up with tears. >> you are playing this music and we are supposed to vote for this guy because she tears up. >> that is exactly what they did. the ad aired in ohio and it was pivotal. >> john: this ad also was aired. >> more men and women will go to work than ever before in our history. >> i see this ad coming on television. it's this farmer and beautiful pasture. they put their hands over the h
. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each...
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Oct 1, 2012
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earlier some attributed part of the rally to what chicago fed bank president charlie evans told our steve liesman this morning on cnbc. listen. >> in my opinion, we'd continue with the asset purchases until we see payroll employment more like 200,000, 250,000. >> you're saying continue at 85 billion into all of 2013? that would be your recommendation? >> this is my recommendation. >> so is the fed's bond buying spree fueling the markets and should we be worried it won't last? that's what we're talking about right now. eric is with us of gerring wealth management. he says yes. gary clark says be defensive knew, expect a rally after the election. thanks for joining us. harry, why do you expect a rally after the election? we'll get nr clarity then? >> that's one thing. the uncertainty is the death of the market. i think we're going to get a correction first. the market is tired. the tired gain of last month was two days. ecb day and qe forever day. that's not good for the markets. the market needs a correction. think now anywhere from 5% to 8% will do it. a lot of money out there waiting to
earlier some attributed part of the rally to what chicago fed bank president charlie evans told our steve liesman this morning on cnbc. listen. >> in my opinion, we'd continue with the asset purchases until we see payroll employment more like 200,000, 250,000. >> you're saying continue at 85 billion into all of 2013? that would be your recommendation? >> this is my recommendation. >> so is the fed's bond buying spree fueling the markets and should we be worried it won't...
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Oct 2, 2012
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steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political machine in essex county supported james. who was re-elected in. >> i admire bill, but there is nothing in the constitution that says we have a right to have illegal elections. >> i'm not advocating in any way someone who has the right to vote voting one, two, three times. >> in mississippi, come on it is wrong. >> and this is the effort that. >> if you had a voter id requirement it would be hard to keep voting the dead multiple times. >> come on larry, nobody is advocating that. >> i think the elect tore is hop e honest. i went through a situation where m
steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political...
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steve osunsami, abc news, rocky mount, north carolina. >>> and still ahead right here on "world news," can you guess how this family and what's in their house could hold the key to america's big comeback? and, by the way, it was made in america. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose da
steve osunsami, abc news, rocky mount, north carolina. >>> and still ahead right here on "world news," can you guess how this family and what's in their house could hold the key to america's big comeback? and, by the way, it was made in america. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're...
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Oct 2, 2012
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steve harrigan live from miami marlins park. steve hit by his very first pitch. vertigo, double vision. did adam greenberg ever give up on the sport that he grew up on and loved? >> adam greenberg says since his boyhood, he had always dreamed of playing as a major league baseball player and says despite seven years of waiting and the hard injuries, he said he never gave up on that dream and the more you hear this young man talk, you realize he is someone with a remarkable attitude. >> i was at a low point a few times. but always realizing that there is light at the end and no matter what, you have two choices, you can stay down and just feel sorry for yourself or get up and keep going. >> greenberg behind signed a one-day contract for this game with the miami marlins. but he says at 31, he's still hoping to sign on full time with a team for next season, bill. >> bill: he's gotten some help with his comeback. what's happened there? >> a huge on-line drive by a film maker who says he's been inspired by greenberg hopes to get him another at bat. he said the inspirat
steve harrigan live from miami marlins park. steve hit by his very first pitch. vertigo, double vision. did adam greenberg ever give up on the sport that he grew up on and loved? >> adam greenberg says since his boyhood, he had always dreamed of playing as a major league baseball player and says despite seven years of waiting and the hard injuries, he said he never gave up on that dream and the more you hear this young man talk, you realize he is someone with a remarkable attitude....
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Oct 3, 2012
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>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for wednesday starts now. >> steve: yeah, that was not probably the song that would stick in my head. >> brian: you played along well. we don't know what's stick as soon as there. >> steve: with martha it's probably by one of the carpenters. >> martha: the one where we're never going to ever, ever get back together. >> brian: i hope this is a breakout hit because she's been struggling, taylor swift. can she -- everything she does becomes number one. america is drunk with taylor swift. >> steve: isn't she dating that 18-year-old kennedy kid now? >> brian: right. >> martha: s
>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for...
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Oct 6, 2012
10/12
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so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make one at home with things you have lying around the house. you're going to need a blank piece of paper, some paper clips, a few grabs, a stapler, a stick of gum, some scissors, and a hammer. so let's get started. take your blank piece of paper and make a fold. take one of your paper clips and just clip it like so. like this. make another fold and take a grab, make a puncture, bend the brads back like this. take another fold, take your stapler, give it a punch or two like this, maybe one more fold, use your stapler. a good stapler is always handy. then you're going to take your stick of gu
so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make...
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Oct 8, 2012
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steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >> we had been riding -- writing issues with radical islam and a f.b.i. act said do you understand you have a terrorist compound of islamic muslim training about 30 miles from your office, so you better be careful with what you're doing. that's how we became interested. >> steve: i understand a guy who was recruited out of prison to -- and wound up living with the people at the terror training camps who was working with the nypd, came up to you and he goes, look, i got to tell you the story because if people knew what was going on here, they'd be horrified. >>
steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >>...
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Sep 30, 2012
09/12
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the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was cri, bumps in the road, where was the criticism in that comment? >> i think the wave in change and in the wave the change there is going to be bumps in in the road. i don't think he meant to suggest and most people did not interpret that the death of four american officials is a bump in the road. but there was so much in that 60 minutes interview, his calling netanyahu insistence on red line noise, there could have been so much followed up and wasn't. i'm really surprised. >> rick: when governor romney delivered his initial response after the attack on consulate in benghazi he was ganged up by the media. they coordinated h
the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was cri, bumps in the road, where was the criticism in that comment? >> i...
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Oct 3, 2012
10/12
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steve, what have you got? >> yeah, well, you know, my favorite twitter was probably the romney zingers. there were fun ones over the weekend. we had fun ones on the show yesterday. and i think the picture of krystal is my favorite one. i think krystal mentioned this yesterday how twitter changed the real-time events, we have a more dramatic and serious example of it from this campaign, and that was paul ryan's acceptance speech at the republican convention, which was filled with some whoppers. but there was real-time fact-checking playing out on twitter as this was happening. you look at past elections, there might are been a stagger, a delay of a few days for a backlash to build against that speech or never a backlash at all. but because there's so much -- there's an inner connectedness between reporters, pundits, sort of activists, everybody is sort of in one place there on twitter, you know, all of the support material was provided in real time to debunk what ryan was saying. i think it affected the coverag
steve, what have you got? >> yeah, well, you know, my favorite twitter was probably the romney zingers. there were fun ones over the weekend. we had fun ones on the show yesterday. and i think the picture of krystal is my favorite one. i think krystal mentioned this yesterday how twitter changed the real-time events, we have a more dramatic and serious example of it from this campaign, and that was paul ryan's acceptance speech at the republican convention, which was filled with some...
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Oct 1, 2012
10/12
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we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think there are great opportunities going toward the fourth quarter. i am looking at certain areas i want to remine offensive and remain opportunistic and i am looking at certain names i know you like as well and i still think apple is under valued and goes higher. that's one of the names i would point out. if our on the defensive side i am looking at the big pharma names where you are looking at the valuation and the yield as well as the big money center banks and i would also stick with something like a kkr, black stone, and a lot of students depending how aggressive or offensive or defensive you want to be.
we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think...
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Oct 5, 2012
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that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be. john is in washington. good morning, john. >> good morning. i think his message will be one we've heard from the administration which is first of all they are delighted by the news. delighted the rate is under 8%. delighted the august numbers were revised upward. but also have a tempered tone and say we got a lot of work to do because we do as one economic analyst told my colleague at the "new york times" earlier today this economy seems to only have three gears, slow, or reverse. it's not a good economy for president obama to be running with but this is good news. it was good news for the country that just a f
that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be....
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Oct 2, 2012
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steve bomber before bill games was viewed as a suit. steve jobs was viewed as bono. you don't want to spend anytime with the microsoft guys and i know steve. i sat next to him at a reunion. but when you read walter isaac son's by of fee of jobs. he was a man, and everyone wanted to hang with him because he was the coolest man in the room. meanwhile, google is the logical heir to apple. go google has the momentum you could have on your cell phone and that is why the stock is going higher. the gee fault go to tech name is google. it is the financial equivalent over who is cool. google is and microsoft isn't. which is why google up here is the one to own. stay with cramer. in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [
steve bomber before bill games was viewed as a suit. steve jobs was viewed as bono. you don't want to spend anytime with the microsoft guys and i know steve. i sat next to him at a reunion. but when you read walter isaac son's by of fee of jobs. he was a man, and everyone wanted to hang with him because he was the coolest man in the room. meanwhile, google is the logical heir to apple. go google has the momentum you could have on your cell phone and that is why the stock is going higher. the...
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Oct 3, 2012
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steve leisman and diana olick are all over the data points. steve, the latest jobs data, is it changing in any way the expectations for this friday's employment report? >> not a lot. economists would like to go from the adp data to higher estimates but it's not been that great over the past couple months. there's a lot of of caution out there among wall street economists. data this morning -- up 162,000 from the private sector. that's a bit better than expectations which were in the 150,000, 155,000 range. in august it was revised down to 189,000. the non-farm payroll estimates. we won't know until friday if that is higher. here's the misses we've had over the past three months. it's been 63,000 heavy compared to the bls private sector report. you can see over the course of the year it's been a little bit on the high side making economists wary about upping their estimates. what has been a little bit on the up side is jobless claims. other data that helped buoy optimism, slightly higher than claims in last month's survey week. the ism jobs man
steve leisman and diana olick are all over the data points. steve, the latest jobs data, is it changing in any way the expectations for this friday's employment report? >> not a lot. economists would like to go from the adp data to higher estimates but it's not been that great over the past couple months. there's a lot of of caution out there among wall street economists. data this morning -- up 162,000 from the private sector. that's a bit better than expectations which were in the...
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Oct 7, 2012
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steve, thanks for taking all the stickers. >> we're a team here. >> be sure to watch steve every weekday on the cycle at 3:00 p.m. eastern. the rest will be back. we'll be talking about immigrant communities that you never hear about. and spirit of malibu is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> 5% of those currently serving in the u.s. congress are latino. despite the u.s. population. 2.5% in congress are asian or pacific is
steve, thanks for taking all the stickers. >> we're a team here. >> be sure to watch steve every weekday on the cycle at 3:00 p.m. eastern. the rest will be back. we'll be talking about immigrant communities that you never hear about. and spirit of malibu is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the...
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Oct 5, 2012
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. >>> today marks one year since the death of apple's ceo steve jobs. jobs, if you recall, died of pancreatic cancer last october. the city ordering the flag be flown at half staff at the civic center today. that's where jobs made his very last public presentation to the city council when he revealed plans for apple's new campus just last june. in a statement, the mayor says, steve grew up and went to school in coupertino and his company and vision grew so our entire community came to realize we can change the world for the better. placing our city's flag at half staff is a small reminder of the profound and very local impact this man had on our community. he was a visionary. >>> new at 11:00. the mother accused of driving off and leaving her 10-year-old daughter behind during a grocery store shoplifting attempt is back in the bay area. she's scheduled for a court appearance this afternoon. we have new video of the 38-year-old walking into the main jail. she was arrested last week near re reno. police say she drove away from a safeway two weeks ago and
. >>> today marks one year since the death of apple's ceo steve jobs. jobs, if you recall, died of pancreatic cancer last october. the city ordering the flag be flown at half staff at the civic center today. that's where jobs made his very last public presentation to the city council when he revealed plans for apple's new campus just last june. in a statement, the mayor says, steve grew up and went to school in coupertino and his company and vision grew so our entire community came to...
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Oct 5, 2012
10/12
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here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor force. plug in the numbers. 7.8% unemployment rate gives us -- calculates from 12.1 million unemployed divided by the 155.1 million labor force. you can do that at home, if you like. and now here's what happened this month. okay? the number of unemployed dropped by nearly half a million. down by 456,000. the number of employed in this household survey up by 873,000. but wait, because the one thing we're watching here is the number of people who were employed but were part-time but they wanted full time work. we call it for economic reasons. up by 582,000. that's the third september
here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor...
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Oct 4, 2012
10/12
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MSNBC
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the late crocodile hunter, steve irwin clutching his baby boy as he went face-to-face with predators? that baby is 8 years old. he fed a crock hymn for the first time at the family zoo in australia. >>> this mornings dish of scrambled politics. the debate is the most tweeted event in police cal history. it sparked more than 2 million tweets. big bird from "sesame street" caused the peak of the tweets at 17,000 per minute. when romney said he loved the character but wanted to eliminate funding for the show and all public broadcasting. celebs were lighting up the stooer. bill maher said, i can't believe i'm saying this, but obama looks like he needs a teleprompter. eva longoria said i'm in new zealand watching the debate. obama is killing it on health care. both need to speak slower. a nonpolitical bush weighed in. nfl running back reggie bush said romney was aggressive at times and won the debate but i think obama will be reelected as president. >>> jetblue is offering american who is might be upset about their candidates defeat a chance to follow through on threats to leave the countr
the late crocodile hunter, steve irwin clutching his baby boy as he went face-to-face with predators? that baby is 8 years old. he fed a crock hymn for the first time at the family zoo in australia. >>> this mornings dish of scrambled politics. the debate is the most tweeted event in police cal history. it sparked more than 2 million tweets. big bird from "sesame street" caused the peak of the tweets at 17,000 per minute. when romney said he loved the character but wanted to...
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steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not getting hurt, but then get out of the way and let businesses compete, not continue to change the rules of the game once you're into the game, not continue to issue regulation after regulation. that is the regulation. second is taxation. america's taxed as the highest rate in the world. there's loopholes, and peek talk about it. the extraordinary rates drive investments overseas and diminish job creation here in the u.s.. we have over $2 trillion in cash sitting on balance sheets of u.s. corporations. taxation is an important area the government needs to lower and level the playi
steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not...
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Oct 2, 2012
10/12
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CNBC
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apple with steve jobs. apple without steve jobs. apple with steve jobs. so it leadership important? i think it's really important. i think the board made a terrible mistake, turned out to be a huge disservice to hp employees. the company hp i love. everyone who's raised in silicon valley thinks of hp as an icon. they deserve the best leadership, and mark was providing it. these guys aren't easy to replace. >> and you're providing it here. i don't even want to think about oracle without larry ellison. >> well, again, we have a lot of depth. now we have mark. you guys don't want mark? we'll take him. we've got mark. we've got safra. we've got, you know, thomas and john and larry too. so it's a good team. >> take a short break, larry. we're going to continue our conversation. we're going to talk about allocating capital in a different way. stay withi inus. larry ellison joining us on "closing bell" after this. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#:
apple with steve jobs. apple without steve jobs. apple with steve jobs. so it leadership important? i think it's really important. i think the board made a terrible mistake, turned out to be a huge disservice to hp employees. the company hp i love. everyone who's raised in silicon valley thinks of hp as an icon. they deserve the best leadership, and mark was providing it. these guys aren't easy to replace. >> and you're providing it here. i don't even want to think about oracle without...
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Oct 3, 2012
10/12
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we're joined by steve kornacki, co-host of "the cycle," jimy williams back in new york. steve, mr. hannity and, what's his name, mr. carlson, is that his name, they talk about whipping up fear, paranoia and hatred. that's them, not the video, isn't it? >> i mean, it is amazing to me that the right is still, five years after barack obama became a presidential candidate -- >> five years after i saw that very video. >> the moment, if there was a moment the whole jeremiah wright association and all this racial stuff that's there, if there was a moment that that was going to hurt and sink barack obama politically, it was april of 2008. there was a serious crisis in barack obama's campaign. he delivered a speech on race, a speech to be remembered for years to come and that put the issue to rest for 70%, 80% of the public. but there's this sliver of the public on the right still living in april of 200. it's a real problem for the republican party. when you're a month away from the election and your candidate is losing and this is what you're counting on as the big bombshell, you're out of
we're joined by steve kornacki, co-host of "the cycle," jimy williams back in new york. steve, mr. hannity and, what's his name, mr. carlson, is that his name, they talk about whipping up fear, paranoia and hatred. that's them, not the video, isn't it? >> i mean, it is amazing to me that the right is still, five years after barack obama became a presidential candidate -- >> five years after i saw that very video. >> the moment, if there was a moment the whole...
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Oct 5, 2012
10/12
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to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are right now. >> guys? >> let's say 8%. call it 8% the rate. to pete's point the market wants to continue to go higher. obviously it sold off a little bit in the looft few minutes. understood. i still adhere to my comments the market doesn't give me this the long sell the highs which do i believe we have to push towards 1500, 1525 in the s&p and names we've hammered home. home depot at 12 1/2 year high. there are secular stories that continue to work and i believe they will continue network. >> what are you doing with this? >> well, listen, you
to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are...
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Oct 2, 2012
10/12
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>> you're a good man, steve. i wish you weren't doing this. >> for $9 billion policy do you know what we're capable of? do you? >> greg: shut up. at least it wasn't produced in association with country that might not want america to boost the oil protux. oops. heritage reports that it's owned by company owned in united arab emirates. they helped finance the film. matt damon loves blowing whistles with the hoke i can films but in real life he is the bad guy. damon is doing harm for his anti-fracking propaganda makes us more depen dep on the oil-rich, unstable haters. why does he bother? when you're intellectually insecure and rich beyond logic what else can you do? root against the interest and undermine employment and play in hands of people who don't like us. anything to feel special and separate yourself from the herd. who plays matt damon in movie about matt damon? i forgot. that won't be made. >> isn't it matt damon poorman's kirk cameron? >> dana: you have to wonder at some point if they realize what they're
>> you're a good man, steve. i wish you weren't doing this. >> for $9 billion policy do you know what we're capable of? do you? >> greg: shut up. at least it wasn't produced in association with country that might not want america to boost the oil protux. oops. heritage reports that it's owned by company owned in united arab emirates. they helped finance the film. matt damon loves blowing whistles with the hoke i can films but in real life he is the bad guy. damon is doing harm...
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Oct 5, 2012
10/12
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WTTG
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. >> and apple honors the late great steve jobs on the one- years anniversary of his passing. we'll be right back. whenen i was younger and... financially stable. we were poor. the mgm casino in michigan. and it changed her life. clerk. way up. insurance... and i make great money. seven will create... twelve thousand jobs. to accountants... and construction workers. place to work with good pay... anwhen we switched to fios,r we got better tv, better phone, better internet. it was like somebody like took our computer, shook all the junk out of it. we're actually getting more for our money with fios. [ male announcer ] it's time to get more for your money. upgrade to verizon fios internet, tv and phone with our best price online. just $84.99 a month, guaranteed for one year with no annual contract. there's at least three computers. [ girl 1 ] a tablet. [ woman 1 ] couple of gaming systems. we could all be running at the same time. we do not notice any dips. [ male announcer ] get tv rated #1 in customer satisfaction. and get the school year off to a great start with america's fa
. >> and apple honors the late great steve jobs on the one- years anniversary of his passing. we'll be right back. whenen i was younger and... financially stable. we were poor. the mgm casino in michigan. and it changed her life. clerk. way up. insurance... and i make great money. seven will create... twelve thousand jobs. to accountants... and construction workers. place to work with good pay... anwhen we switched to fios,r we got better tv, better phone, better internet. it was like...
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Oct 5, 2012
10/12
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. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple opportunities to press romney and be specific on the math and present the math to people to make them understand. he missed the opening and i think crystal is right. when you look at how joe biden has conducted himself in the past. one of the big reasons he is on the ticket in the first place is how well he performed in the last debates. he made a strong impress on democrats and the obama campaign. if you go way back in history for joe biden that campaign ended. but in the early going in the spring and summer that year, he had a reputation for being a powerful performer for performing well that summer. but you k
. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple...
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Oct 2, 2012
10/12
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MSNBC
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joining me now is steve and karen. karen, the expectation game has gotten really out of hand this time. finally chris christie, for whatever reason, just kind of gave up and stated the obvious and said well, of course. you know, mitt romney has to be the big winner on this first debate. >> well, i think he was like look, let me keep my credibility in check because he's been watching what has happened to congressman ryan over the course of this campaign. but i think each man has a different thing they need to accomplish. i think for governor romney he needs to have a strong performance. it's not just about one performance for him. his problem is a lack of consistency. he's got to have a good wednesday, thursday, friday, saturday. every day to the election. if you see him give one good performance and the next day they're off message, it's more of what we've seen the bumbling along throughout the campaign. and i think for president obama the challenge is, as my former boss howard dean said, don't get irritable. it's goin
joining me now is steve and karen. karen, the expectation game has gotten really out of hand this time. finally chris christie, for whatever reason, just kind of gave up and stated the obvious and said well, of course. you know, mitt romney has to be the big winner on this first debate. >> well, i think he was like look, let me keep my credibility in check because he's been watching what has happened to congressman ryan over the course of this campaign. but i think each man has a...
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Oct 6, 2012
10/12
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CNNW
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we're seeing investors come in because of all the right things, steve and i agree it's a good time to buy real estate. that said, there's investors coming into real estate, buying single family properties either renovating or renting it. when you flip to rent a single family home versus floipg buy you have far less multipliers. renters are hard on properties rather than owners. multipliers are much less but we're not seeing the real come back in single family housing starts that we would like to see to see if the jobs you really want to see. that's where the bang for the dollar is. that's why fed picked mortgaging backed securities to purchase to help that market. >> let's take this over to don for a second. you're the guy who can explain in very clear terms for my audience how it is with a combination of low interest rates and low property rates and a boom in housing, how much of a relationship that has to job creation. there still may be some people in this country who don't get what a big deal is that. how do you create jobs. >> number one is construction jobs. when there's demand
we're seeing investors come in because of all the right things, steve and i agree it's a good time to buy real estate. that said, there's investors coming into real estate, buying single family properties either renovating or renting it. when you flip to rent a single family home versus floipg buy you have far less multipliers. renters are hard on properties rather than owners. multipliers are much less but we're not seeing the real come back in single family housing starts that we would like...
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Oct 5, 2012
10/12
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it's been a year since the death of steve jobs. has apple gotten past the tragic loss, or is it steel relying on the ideas of its late ceo? >>> and, numbers game? former labor secretary elaine chow reacts to critics claiming something is out of whack with the drop in today's unemployment rate. >>> also, no room for a view. why did ikea exclude women from its ads in saudi arabia? brilliant marketing plan or a giant misstep? we'll assemble the facts coming up on the "closing bell." at optionsxpress we're all about options trading. we create easy-to-use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we knew you needed a platform that could really help you elevate your trading. so we built it. chances of making this? it's a lot easier to find out if a trade is potentially profitable. just use our trade & probability calculator and there it is. for all the reasons you trade options - from income to risk management to diversif
it's been a year since the death of steve jobs. has apple gotten past the tragic loss, or is it steel relying on the ideas of its late ceo? >>> and, numbers game? former labor secretary elaine chow reacts to critics claiming something is out of whack with the drop in today's unemployment rate. >>> also, no room for a view. why did ikea exclude women from its ads in saudi arabia? brilliant marketing plan or a giant misstep? we'll assemble the facts coming up on the...